insurance

CRAIG BLACKMON IS A REAL ESTATE ATTORNEY, BROKER, AND INNOVATOR IN SEATTLE.

Title Insurance

Title Insurance A type of insurance that insures either the buyer’s right to own and possess the property, or the lender’s security interest in the property. Typically the seller will pay for the buyer’s policy, and the buyer will pay for the lender’s policy. Why does...

Prepaids

“Prepaids” are funds that must be paid in advance at closing, such as homeowner insurance premiums and real estate taxes.  Only a buyer pays prepaids. If you are a buyer getting a rebate, make sure you max out your prepaids as much as possible. Lenders...

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